6. On December 31, 2019 Omar Company changed its method of accounting for inventory from the average cost method to the FIFO method. This change caused the 2020 beginning inventory to increase by $840,000. The cumulative effect of this accounting change to be reported for the year ended 12/31/2020 is (3 Points) Enter your answer 14. on December 31, 2019 Omar Company changed its method of accounting for inventory from the average cost method to the FIFO method. This change caused the 2020 beginning inventory to Increase by $340,000. The cumulative effect of this accounting change to be reported for the year ended 12/31/2020 (3 Points) Enter your